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Buyer sought for downtown building

Home to pub, now-defunct dinner theater valued at more than $1.1 million

Owner Mary Donlan is trying to sell this property at the southeast corner of Seventh and Main streets in downtown Grand Junction.

By {screen_name}
Wednesday, October 6, 2010

The southeast corner of Seventh and Main streets is on the market.

The building at 701 Main St. in downtown Grand Junction is home to Tenacious Brothers Pub on the west end of the building, Chevron on the east side of the building and an empty space that used to house the Cabaret dinner theater on the north end. A buyer would have to honor leases with the existing businesses in order to purchase the building, according to Lori Wood, a broker with Graystone Group real estate company.

The building’s owner, Mary Donlan, said after 16 years of ownership, she’s simply ready to move on. Donlan said she would like to see a theater operate in the empty part of the building. The buyer doesn’t have to be a theater operator, though, Wood said.

Woods and Donlan agree the building is in a unique position to add to Main Street.

“It’s such a beautiful corner. It deserves to have something special in there,” Wood said.

“I want something great for the downtown,” Donlan said.

A buyer can purchase the building in its entirety or the theater building alone, which has been empty since the Cabaret moved out about two years ago. Wood said prospective buyers can call her at 970-234-5674 about pricing.

Altogether, the buildings are worth more than $1.1 million, according to the Mesa County assessor’s website. Improvements made to the building include a new heating and air-conditioning system, fresh paint and concrete, a new roof on the theater and new freezers and coolers in the pub, Woods said.